The index of the Indonesian Stock Exchange (BEI) was up 24.98 points, or 0.38 percent, to 6,537.77. The index of 45 most liquid stocks, or LQ45 index, rose 5.11 points, or 0.5 percent, to 1,024.44.
"BI`s decision to keep 7DRRR unchanged at a level of 6 percent meets the market expectation," Indopremier Sekuritas analyst Mino said here on Thursday.
On external side, the Federal Reserves` signals, stating that it will be more patient to raise its benchmark rate, coupled with commodity price hike, caused the IHSG to move at a positive pace.
After the IHSG opened lower, it stayed in the red zone throughout the day, though it strengthened for a while. But it remained in the green zone until the stock exchange`s closing.
The closure of the IHSG was accompanied by investors` net foreign buying of Rp351.19.
Trade frequency was recorded with 479,932 transactions and 15.09 billion shares worth Rp10.17 trillion changing hands on Thursday. There were 206 gainers as against 200 decliners and 140 shares unchanged.
Regional markets, such as Nikkei index, strengthened 32.74 points, or 0.15 percent, to 21,464.23; Hang Seng increased 115.87 points, or 0.41 percent, to 28,629.92; and Strait Times was down 0.47 points, or 0.01 percent, to 3,277.91.
Reporting by Citro Atmoko, Suharto
Reporter: Antara
Editor: Fardah Assegaf
Copyright © ANTARA 2019
